TSMC Beat Earnings, Raised Capex Guidance, and Fell 3.64% Anyway

Netflix beat EPS and cut guidance and said it'll disclose less going forward. Chips are down 20% from their peak. The US sent more refueling planes to Israel. Oil topped $80.

📊 THE MARKET BREAKDOWN

Satirical daily market intelligence for traders who think in systems, not headlines.

Issue #276 | July 17, 2026